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Pin to quick picksSavannah Resources Share News (SAV)

Share Price Information for Savannah Resources (SAV)

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Share Price: 3.40
Bid: 3.30
Ask: 3.50
Change: 0.10 (3.03%)
Spread: 0.20 (6.061%)
Open: 3.40
High: 3.40
Low: 3.40
Prev. Close: 3.30
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Savannah Resources upbeat on Mutamba mineral estimate

Tue, 08th Nov 2016 10:44

(ShareCast News) - Savannah Resources said results of its mineral resource estimate of the Jangamo and Dongane deposits in the Mutamba project underscored it as one of the largest ilmenite-dominant, mineral sands accumulations on the east coast of Africa.The AIM-quoted outfit said this was a major milestone for the company and consortium partner Rio Tinto."While we are delighted with the outcome, what it really means is that we now have an exceptional foundation for our scoping study of the project," said chief executive David Archer in a statement."The scoping study will focus on the areas of mineral occurrence which are most prospective in terms of size and grade, with little to no overburden factors, which should facilitate simple, low cost mining," Archer added.Savannah believed there was an excellent opportunity to potentially define an initial phase, low-capital expenditure, long-life, dry mining project of about a 200Mt well-graded resource, associated with a series of reworked coastal dunes.The estimate revealed an initial indicated and inferred mineral resource estimate of 3.5bn tonnes at 3.8% total heavy minerals.It contained 81m tonnes (Mt) of ilmenite, 2.2Mt rutile and 3.8Mt zircon. Savannah added that 52% of mineral resource was in the indicated category, with 48% in the inferred category.At about 11:20 GMT, shares in Savannah were up 2.86% to 4.5p.
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29 Sep 2023 14:29

EARNINGS: Beacon Energy and Kefi Gold & Copper losses widen

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News:

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18 Sep 2023 16:13

IN BRIEF: Savannah Resources not in sale process despite media reports

Savannah Resources PLC - lithium development company - Denies reports from Portuguese press that it is in a sale process. Says it is not in a sale process regarding the Barroso lithium project nor the company itself. Reiterates that on September 6, it had said that it received "significant" commercial interest in the project for several years and that there has been additional interest since the completion of a new positive scoping study. "Savannah is focusing on identifying groups which are willing to assist with the financing of the project's construction and bring complementary skills or additional opportunities to a long-term partnership with Savannah," firm says.

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12 Sep 2023 12:12

Savannah Resources hires new CEO from large Portuguese firm

(Alliance News) - Savannah Resources PLC on Tuesday said it has appointed Emanuel Proenca as its new chief executive officer.

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6 Sep 2023 15:40

TRADING UPDATES: URA orders Gravelotte parts; Kefi sustains progress

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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6 Sep 2023 14:07

Savannah reports significant progress at Barroso Lithium Project

(Sharecast News) - Europe-focussed lithium developer Savannah Resources announced significant progress in various aspects of its wholly-owned Barroso Lithium Project in Portugal on Wednesday.

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21 Jul 2023 10:07

Director dealings: Savannah non-exec invests, Lok'nStore director sells holding

(Sharecast News) - Lithium developer Savannah Resources was on the list of director buys on Friday, after a non-executive director picked up almost half a million shares.

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18 Jul 2023 14:14

IN BRIEF: Savannah Resources fundraise raises extra GBP400,000

Savannah Resources PLC - lithium development company - Announces it has increased the gross proceeds from the fundraise announced last Thursday to GBP6.5 million from GBP6.1 million, following 8.8 million shares being issued raising GBP400,000. This means that 139.2 million new shares will be issued for a fundraise, increasing fundraise total to GBP6.5 million. The company will have an approximate GBP11.4 million in cash.

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14 Jul 2023 08:22

Savannah Resources raises GBP6.1 million for Portugal lithium project

(Alliance News) - Savannah Resources PLC on Friday said it raised GBP6.1 million, bolstering its coffers as it looks to develop a lithium project in Portugal.

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13 Jul 2023 17:20

Savannah Resources plans GBP5.8 million fundraise to boost project

(Alliance News) - Savannah Resources PLC on Thursday said it plans to raise GBP5.8 million, in order to boost its Barroso lithium project in northern Portugal.

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3 Jul 2023 17:31

TRADING UPDATES: Mycelx wins deal; 88 Energy buys in Texas

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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12 Jun 2023 15:51

UK shareholder meetings calendar - next 7 days

Tuesday 13 June 
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Asiamet Resources LtdAGM
Centrica PLCAGM
Dillistone Group PLCAGM
EJF Investments LtdAGM
Elixirr International PLCAGM
Flowtech Fluidpower PLCAGM
Frenkel Topping Group PLCAGM
Great Western Mining Corp PLCAGM
Newbury Racecourse PLCAGM
Plant Health Care PLCAGM
Pressure Technologies PLCGM re delay to the publication of the FY22 Annual Report and directors' remuneration
Pod Point Group Holdings PLCAGM
Sound Energy PLCAGM
Zinnwald Lithium PLCAGM
Wednesday 14 June 
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abrdn Smaller Companies Income Trust PLCAGM
Andrews Sykes Group PLCAGM
Aquila Energy Efficiency Trust PLCAGM
Aurrigo International PLCAGM
Brave Bison Group PLCAGM
Christie Group PLCAGM
Foresight Solar Fund LtdAGM
IGas Energy PLCAGM
International Consolidated Airlines Group SAAGM
Iofina PLCAGM
James Fisher & Sons PLCAGM
Liberty Global PLCAGM
M&C Saatchi PLCAGM
Octopus Titan VCT PLCAGM
Petards Group PLCAGM
Thursday 15 June 
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Anexo Group PLCAGM
ASA International Group PLCAGM
Baillie Gifford China Growth Trust PLCAGM
Chapel Down Group PLCAGM
Directa Plus PLCAGM
Everyman Media Group PLCAGM
HC Slingsby PLCAGM
Inspecs Group PLCAGM
Informa PLCAGM
IP Group PLCAGM
LBG Media PLCAGM
M&G Credit Income Investment Trust PLCGM re amendment to the company's articles of association
Novacyt SAAGM
OTAQ PLCAGM
Parity Group PLCAGM
PetroTal CorpAGM
Pollen Street PLCAGM
Shaftesbury Capital PLCAGM
Southern Energy CorpAGM
Friday 16 June 
Alpha Growth PLCAGM
Anglo-Eastern Plantations PLCAGM
Gulf Keystone Petroleum LtdAGM
John Lewis of Hungerford PLCGM re proposed cancellation of admission to trading on AIM
Tesco PLCAGM
Woodbois LtdAGM
Monday 19 June 
All ThingsConsidered Group PLCAGM
Blackbird PLCAGM
Finsbury Food Group PLCAGM
Globalworth Real Estate Investments LtdAGM
Marlowe PLCGM re proposed capital reduction
Metals Exploration PLCAGM
Red Rock Resources PLCGM re security conversion into shares for cash
Savannah Resources PLCAGM
  
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12 Jun 2023 10:16

Savannah Resources hails net present value of Barroso lithium project

(Alliance News) - Savannah Resources PLC on Monday announced results from a new scoping study on its Barroso lithium project in northern Portugal.

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31 May 2023 11:37

IN BRIEF: Savannah shares soar as hails milestone for Barroso mine

Savannah Resources PLC - London-based lithium development company - Receives positive declaration of environmental impact from the Portuguese environmental regulator, Agencia Portuguesa do Ambiente, for its wholly owned Barroso lithium project in northern Portugal. Adds, it has agreed to the set of conditions issued alongside the declaration to ensure the project is "developed and operated in a socially and environmentally responsible way." Says project can now progress to the next stage of its environmental licensing process. Expects to publish a new scoping study in the second half of 2023 and will move forward with its definitive feasibility study, which includes carrying out fieldwork later in the year. Savannah has been in talks with APA in the last few months over Barroso's environmental impact assessment. Based on feedback, Savannah has focused on the management of water resources, optimisation of project-related infrastructure, ecology, socio-economic considerations and landscape impacts.

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31 May 2023 10:45

AIM WINNERS & LOSERS: Purplebricks plummets on withdrawal of offer

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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31 May 2023 09:18

LONDON MARKET OPEN: Stocks down on US debt ceiling jitters

(Alliance News) - Stock prices in London opened lower on Wednesday, as financial markets await a vote on the US debt ceiling agreement.

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